10. We are experiencing one of the strongest housing markets in history. Low mortgage rates have created some of the most affordable buying opportunities ever. Our survey of July housing market conditions confirmed a huge 63% sales jump year over year nationally. The second home market is exploding, with homes in convenient, drive-to-locations in highest demand.
9. The land market is hot! 60% of land brokers rated their markets as hot or on-fire during 2Q2020.
8. The Great American Move is underway. The shift to staying home has given many people the opportunity to work from wherever they want, a trend that is benefiting exurban regions in the affordable West and the affordable South. As a result, boom markets like Austin, Phoenix, Salt Lake City, and Tampa are recovering faster. Watch the “new boomtowns” of Charlotte, Denver, Dallas, and Nashville—they are not far behind!
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